EUR/JPY

EUR/JPY slightly lower today and looks will test 120.00 – 120.30 support level again. The pair’s next direction will be determined by the reaction at the support area. A close below the support area will trigger further bearish movement to test 119.20. However, if the pair could maintain the positions above the support area by the end of week then it is expected to continue moving between 120.00 – 121.50.

Today critical levels to watch:

Support: 120.30, 120.00

Resistance: 121.50, 122.00

EUR/GBP

No clear direction yet in EUR/GBP, the pair mostly sideway for several days. Traders will monitor the price movement between support 0.8400 and the trendline for now.

today critical levels to watch:

Support: 0.8400, 0.8325

Resistance: 0.8500, 0.8600, 0.8750

GBP/JPY

GBP/JPY closed lower below 142.50 but without significant momentum. The pair expected to trade near the 142.50 level, for now, continuing its consolidation. Traders will continue to wait for a further clue in the pair.

Today Critical level to watch:

Support: 141.00, 140.00

Resistance: 142.50, 144.33, 145.00

GBP/CHF

GBP/CHF continues its ranging movement between 1.2500 – 1.2700 and there is no breakout yet. The pair expected to continue its consolidation inside the range. Traders could continue to apply ranging strategies for now.

Today critical levels to watch:

Support: 1.2600, 1.2500, 1.2300

Resistance: 1.2700, 1.2900, 1.3000